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German carmaker BMW will invest $1.7 billion in the production of electric vehicles in the United States.     

The plan includes $1 billion towards expanding the company's Spartanburg US manufacturing plant and $700 million for a new battery assembly facility, BMW said in a statement.    

It can reach speeds over 60 mph

The offer includes a collectible Mustang Ford

Italian sports car maker Lamborghini has already pre-sold the entire production run to early 2024, its boss has said, with luxury goods seemingly unaffected by global economic uncertainty.     

The Volkswagen subsidiary is enjoying "high demand" and has an order book covering the next 18 months, CEO Stephan Winkelmann said.    

H Ferrari F50 του πρωταθλητή μποξ, Mike Tyson, βγαίνει στο σφυρί 

Elon Musk has sold nearly $7 billion worth of Tesla shares, according to legal filings published Tuesday, amid a high-stakes legal battle with Twitter over a $44 billion buyout deal.

The Tesla boss sold some 7.9 million shares between August 5 and 9, according to filings published on the Securities and Exchange Commission's website.

Toyota's profit fell nearly 18 percent in the April-June quarter from the year before, as a semiconductor shortage that has slammed the auto industry dented production at Japan's top automaker.

Toyota Motor Corp. reported yesterday a quarterly profit of 736.8 billion yen ($5.5 billion), down from 897.8 billion yen the previous year.

He violated the company’s code of conduct with the paint job on his white Ferrari 458 Italia, as the brand has strict rules to make sure its prestige is maintained

German automaker Mercedes-Benz said yesterday that higher sales prices enabled it to lift its bottom line slightly in the first three months of the year, despite a shortage of semiconductors and fallout from the war in Ukraine.

Lucid Wins the EV Marathon